Hongkong Land Holdings ( (GB:HKLD) ) just unveiled an announcement.
Hongkong Land Holdings Limited announced a market repurchase of 515,000 ordinary shares, with prices ranging from US$4.70 to US$4.91 per share, and a weighted average purchase price of US$4.8561. These shares will be cancelled, impacting the company’s issued share capital, which now consists of 2,204,626,526 ordinary shares. This move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, affecting how shareholders calculate their interests in the company.
More about Hongkong Land Holdings
Hongkong Land Holdings Limited (HKLH) operates in the property investment, management, and development industry. The company primarily focuses on commercial and residential properties in key Asian cities, playing a significant role in the real estate market.
YTD Price Performance: 2.35%
Average Trading Volume: 43,650
Technical Sentiment Signal: Sell
Current Market Cap: $10.37B
For an in-depth examination of HKLD stock, go to TipRanks’ Stock Analysis page.